Deductions Management

Deductions Auto Coding

Automate Deduction Coding. Auto-capture & translate customer reason codes from claims to ERP reason codes.

highradius

Key Features

AI-based E-Mail Remittance Capture

Industry Reason Code Library

Use HighRadius’ reason code library to identify and categorize claims into reason code categories automatically.

AI-based E-Mail Remittance Capture

Claim-ERP Reason-Code Mapping

Translate claim reason code to ERP reason codes and copy them onto Deductions, shortening Deduction research times.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

Frequently Asked Questions

Does the deductions management software integrate with ERP and other systems?

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Yes, we are an ERP-agnostic software that easily integrates with all major ERPs (like SAP, Microsoft Dynamics 365, Oracle, and NetSuite) and can be easily scaled to meet the needs of growing organizations, making it a flexible and adaptable solution.

Does HighRadius deductions management software integrate with TPMs?

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Yes, we partner with 15+ TPMs and have experience working with out-of-the-box APIs with 1000+ projects. Some of them are- MODUS, SAP, Netsuite, Promax, QAD, Oracle Demantra, Salesforce, Siebel, Kantar, etc.

What are the implementation times like?

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Our industry-defining Speed to Value methodology ensures faster time to implementation and quicker ROI (in 3 to 6 months) through a combination of out-of-the-box functionalities, agile implementation methodologies, and a focus on outcome metrics.

How does the automated deduction software handle data security and privacy?

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We are SSAE16 Soc I Type II certified, PCI-DSS Compliant, and CSA Registered. Security is of paramount importance to each of our customers as it is to us. We strictly follow all industry standards and best practices.

What is the pricing for your deductions software?

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Typically our pricing has two components: the one-time setup fees and a monthly recurring subscription fee. You can get on a call with us and get customized pricing according to your business needs.

How much IT involvement do you expect from us?

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Minimum to no-efforts. We handle most of the IT-related efforts during the implementation. All we need from IT is to get us the open AR extract and the bank payment file. This will usually be around a week's worth of effort spread across the implementation time frame.

How will the HighRadius Deductions Management Software pull open deductions from our system?

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The connectors in our software are configured in a way that they would only be pulling out specific fields like credit memos, open deductions, or open negative line items.

Can HighRadius pull information on trade promotions and deals from ERPs too?

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If you maintain all your trade promotions within your ERP system or RPA system, Highradius can pull all the relevant documentation installed there. So, you don't necessarily have to have a Trade Promotion Management System (TPM) for us to pull in all promotion-level documents.